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B2B Payments
Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
December 17, 2024

Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Investments
Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
December 17, 2024

South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Hostaway Secures $365 Million to Expand Short-Term Rental Platform
December 17, 2024

Hostaway has secured a $365 million strategic growth investment to expand its vacation rental software and management system designed for short-term rental property owners and managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
UK Aims to Regulate AI’s Use of Copyrighted Materials
December 17, 2024

The British government is preparing to regulate the use of copyrighted material in training AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Retail
Walmart Joins Forces With Meituan to Bolster Chinese eCommerce Unit
December 17, 2024

Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Retail
Lululemon Faces Challenges in Domestic Market Despite Global Success
December 16, 2024

For Lululemon, the third quarter of 2024 marked an interesting contrast in its performance across different regions. While the company saw impressive global growth, especially in international markets, its U.S. performance has raised concerns. Get the Full Story Complete the form to unlock this article...

Banking
FDIC Finds More ‘Problem Banks,’ Now at 3-Year High
December 16, 2024

The Federal Deposit Insurance Corp.’s roster of “problem banks” continues to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Artificial Intelligence
Google’s Gemini 2.0 Promises Autonomous Control of Complex Business Tasks
December 16, 2024

A subtle but potentially significant shift is occurring in artificial intelligence (AI). Machines are advancing beyond processing commands to undertaking tasks with more autonomy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
CARD.com Taps Visa Direct to Expand Financial Services Globally
December 16, 2024

CARD.com now enables its users to make cross-border payments via Visa Direct. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...